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Tenders Awarded

Tender numberRBI/Central Office/HRMD/38/18-19/ET/342
Date of publication of NITMay 07, 2019
Nature of workMotor Vehicle Insurance Policy for employees of Reserve Bank of India
Mode of tender enquiryOnline
Type of bidding (single/two bid system)Two Bid System
Last date of receipt of tenderMay 26, 2019
Number of tenders received6 (Six)
Nos. and names of parties qualified after technical evaluation 5 (Five)
1) Bajaj Alliance GIC
2) ICICI Lombard General Insurance
3) Reliance General Insurance
4) Tata AIG General Insurance
5) Future General India Insurance Company Limited
Nos. and names of parties not qualified after technical evaluation 1 (One)
1) Kotak General Insurance
Commercial Bid Ranking, if any1) Tata AIG General Insurance
2) Bajaj Alliance GIC
3) ICICI Lombard General Insurance
4) Reliance General Insurance
5) Future General India Insurance Company Limited
Final Ranking, if any1) Tata AIG General Insurance
2) Bajaj Alliance GIC
3) ICICI Lombard General Insurance
4) Reliance General Insurance
5) Future General India Insurance Company Limited
Whether contract awarded to lowest tenderer/evaluated L1Yes
Contract number and dateCO.HRMD.No.25528/17.06.00/2018-19 dated May 30, 2019
Name of contractorM/s Tata AIG General Insurance
Value of contract₹ 6,00,00,000/-
Scheduled date of completion of supplies
Actual date of start of workJun 01, 2019
Actual date of completion of workMay 31, 2020
Reasons for delay, if any
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